Revolution Beauty
This coverage examines Revolution Beautyโs strategy and performance in the UK retail and digital beauty market. Reporting highlights product launches, e-commerce initiatives, marketing campaigns, sustainability efforts, and leadership updates โ all analysed for their impact on brand positioning, sales growth, and consumer engagement. The content is tailored for retail buyers, brand managers, and executives in beauty and cosmetics retail.
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Dec- 2023 -13 DecemberHealth & Beauty
Revolution Beauty reaches settlement with co-founder amid CFO exit
Revolution Beauty has announced that it has reached a settlement with Tom Allsworth, the former executive chairman and co-founder of the company. The retailer has agreed to pay Allsworth an ex gratia payment of ยฃ270,000 net, ยฃ490,000 when grossed up for taxes. This is in respect of certain historical legal…
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Nov- 2023 -14 NovemberNews
Today’s news in brief
Next has defended its chair, Michael Roney, after more than 20% of shareholders voted against his re-election at the annual general meeting. The votes against Roney were primarily due to concerns that he was “considered as overboarded,” with a secondary issue related to the gender makeup of the board. Under…
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14 NovemberHealth & Beauty
Revolution Beauty raises FY23 guidance as profits rise
Revolution Beauty has raised its profit guidance for the financial year as it has revealed a pre-tax profit of ยฃ400k, an increase from a loss of ยฃ13.7m, in the six months ended 31 August.ย The companyโs operating losses also narrowed from ยฃ12.5m to ยฃ500k over the period, which Revolution attributed…
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Sep- 2023 -1 SeptemberHealth & Beauty
Revolution Beauty names new CEO as FY losses narrow
Revolution Beauty has reported that its pre-tax losses have narrowed to ยฃ33.9m for the year ended 28 February 2023, as it also revealed the appointment of a new CEO. This marked a 12% decrease in losses compared with the ยฃ45.9m loss it posted in the same period last year. Over…
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Jul- 2023 -26 JulyHealth & Beauty
Boohoo ups stake in Revolution Beauty amid falling shares
Boohoo has increased its holdings in Revolution Beauty from 26.4% to 27.1%, as shares in the online makeup retailer continue to fall.ย ย As of Monday (24 July), the share price in the cosmetics giant dropped by more than 7.5%.ย The group increasing its holdings comes after both companies have been…
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24 JulyHealth & Beauty
Revolution Beauty faces FCA probe over market abuse
Revolution Beauty has revealed that the Financial Conduct Authority (FCA) has launched an investigation into the retailer over potential breaches of market abuse regulation. The investigation will examine potential breaches that occurred between July 2021 and September 2022. Revolution Beauty said in a statement: โThe Financial Conduct Authority has today…
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18 JulyHealth & Beauty
Revolution Beauty CEO and chair step down amid Boohoo settlement deal
Boohoo and Revolution Beauty have brought an end to their ongoing feud with the signing of a settlement agreement that will see major board changes at the beauty retailer. As part of the agreement, CEO Bob Holt OBE and chairman Derek Zissman agreed to resign from Revolutionโs board, although Holt…
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11 JulyHealth & Beauty
Revolution Beauty says it could reach compromise with Boohoo
Revolution Beauty Group reportedly believes that a compromise with Boohoo could be reached in the coming days. The news comes after the cosmetics group said it will organise a general meeting on 7 August 2023. The board of the company has unanimously recommended that shareholders vote against all of Boohoo’s…
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10 JulyClothing & Shoes
Boohoo to contact market regulator amid ongoing Revolution battle
Boohoo is reportedly drafting a letter to the junior stock market regulator over plans to requisition an upcoming Revolution Beauty EGM amid the escalating row between the two companies.ย According to Sky News, the retailer will contact AIM regulatory authorities to demand that Revolution clarifies an earlier stock exchange announcement…
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Jun- 2023 -30 JuneHealth & Beauty
Revolution Beauty defends AGM actions as Boohoo dispute continues
Revolution Beauty has defended its actions at its AGM earlier this week, including the firing and rehiring of three top executives, after Boohoo criticised the move. Revolution said it received โvery positive reaction from all stakeholdersโ following its actions, adding that the move was โfirmly validatedโ from the stock market…
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